$121,000

2278 Sharon Ln Memphis, TN 38127

Frayser Neighborhood

Estimated payment $699/month

Total Views 1,339
3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$86 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Corner Lot
  • 1-Story Property

About This Home

Investment Opportunity – Tenant-Occupied Brick Home on Corner Lot Add to your investment portfolio with this solid 3-bedroom, 1.5-bath brick home situated on a corner lot. Property is currently tenant-occupied, offering immediate rental income potential. Please note: No showings without an accepted offer. Let me know if you'd like to add rent details, pricing, neighborhood info, or projected ROI to further evaluate the dea

Listing Agent

Tina Andrade

Fast Track Realty, LLC License #278608 Listed on: 07/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1955

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 105x149
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,213 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Fire and Smoke Detector

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Georgian Woods Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 C00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725D
  • MAAR Subdivision Name: GEORGIAN WOODS BLK D
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1213
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Corner
  • Lot Number: 127
  • Acreage: 0.31
  • Lot Size: 105X149
  • Price Per Acre: 390323
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071048 C00002

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $543 $22,425 $2,525 $19,900
2024 $543 $16,025 $2,275 $13,750
2023 $976 $16,025 $2,275 $13,750
2022 $543 $16,025 $2,275 $13,750
2021 $988 $16,025 $2,275 $13,750
2020 $937 $12,925 $2,275 $10,650
2019 $413 $12,925 $2,275 $10,650
2018 $413 $12,925 $2,275 $10,650
2017 $423 $12,925 $2,275 $10,650
2016 $543 $12,425 $0 $0
2014 $543 $12,425 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $121,000 +179.8% $101 / Sq Ft
06/24/2019 06/24/19 Sold $43,250 -13.3% $36 / Sq Ft
03/28/2019 03/28/19 For Sale $49,900 +63.6% $42 / Sq Ft
04/04/2018 04/04/18 Sold $30,500 -17.3% $25 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
09/01/2017 09/01/17 For Sale $36,900 -- $31 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- None Available
Warranty Deed $143,000 Close Trak Closing & Ttl Svc
Trustee Deed -- None Available
Quit Claim Deed -- Saddle Creek Title Llc
Warranty Deed $39,250 Saddle Creek Title Llc
Warranty Deed -- Saddle Creek Title Llc
Warranty Deed $39,250 Saddle Creek Title Llc
Corporate Deed $9,000 Saddle Creek Title
Trustee Deed $29,543 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,746 New Conventional
Previous Owner $441,750 New Conventional
Previous Owner $181,600 Commercial
Previous Owner $29,250 Seller Take Back
Previous Owner $13,419 Credit Line Revolving
Previous Owner $49,600 Unknown
Previous Owner $9,300 Stand Alone Second
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10201884

Memphis Area Association of REALTORS®

APN: 07-1048-C0-0002

Tennessee Shelby County Memphis 38127 Frayser

2278 Sharon Ln, Memphis, TN

This home is located at 2278 Sharon Ln, Memphis, TN 38127 and is currently priced at $121,000, approximately $86 per square foot. This property was built in 1955. 2278 Sharon Ln is a home located in Shelby County with nearby schools including Hawkins Mill Elementary School, Georgian Hills Middle School, and Trezevant High School.

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Tina Andrade
Listing Agent
Tina Andrade
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Fast Track Realty, LLC
(901) 660-9026